Philips shares fell more than 6% on Wednesday after the U.S. Food and Drug Administration said it is alerting patients of a new safety issue with machines made by the group that are used for the treatment of obstructive sleep apnea.
Tag Archive for: medical equipment
GE HealthCare Technologies beat Wall Street expectations for third-quarter profit as a continued recovery in demand for surgical procedures boosted sales of its medical devices.
Thermo Fisher’s outlook cut is “more or less” expected and focus will now shift to how this will impact the company in 2024, according to one analyst.
The U.S. medical equipment maker is looking to boost its life sciences portfolio that helps in drug discovery.
Kerecis has developed and patented a technology platform based on intact fish skin from wild Atlantic cod, which is being used to treat burns and other complex acute and chronic wounds including diabetic, venous, trauma, and surgical wounds.
While some companies say the products they have cut have no impact on patients or profits, others say some of the withdrawn devices are essential, and doctors agree.
